Worley profits slump in first half

ENGINEERING giant Worley made a $60 million net profit after tax over the first half of FY21, less than half the $154 million posted in the corresponding period of 2020, as low commodity prices hit oil and gas work.

Worley profits slump in first half Worley profits slump in first half Worley profits slump in first half Worley profits slump in first half Worley profits slump in first half

It was a bleaker result on a statutory NPAT basis, with profits declining from $115 million in the first half of 2019, to just $22 million for the six months ending December 31.

topics

loader